Price is an indicator, not a substitute for comparison. We use averages to set a search range only. The real price changes by phase, exact location, payment system, and construction status.
Compound snapshot · May 2026
32,900 EGP/m² — indicative compound average mentioned in the project brief. This is not a binding price for any specific unit.
How to use this number correctly
The average does not equal project valuation. Value rises or falls with exact location, finishing level, total payments, unit size, construction ratio, and delivery credibility. Do not compare a cash price with an installment price without calculating total cost, and do not use a general average to justify a higher price in a location whose services you have not tested.
The dated number is useful for setting an initial search range. If an offer is much higher than the average, ask why: is the location more mature? Is the finishing better? Is delivery sooner? Is density lower? If it is much lower, ask too: are utilities incomplete? Does the payment plan hide a cost? Is delivery far away? A lower price is not always an opportunity, and a higher price is not always quality.
Indicative comparison ranges
| Search type | What changes the price? | Comparison question |
|---|---|---|
| Unit in a mature district | Condition, finishing, services | What is the real cost of moving in? |
| Compound under construction | Delivery date, payment plan, density | Does the price include all fees? |
| Land or early launch | Allocation, utilities, development timeline | What is the next written step? |
| vs. Fifth Settlement / New Capital | Proximity to work and transport alternatives | How much do you pay per minute of commute? |
Why prices differ inside the same city
New Obour is not one homogeneous market. A unit in an area with ready services differs from one in a project under construction, and land at an early phase differs from a ready apartment. Even inside the same compound, value can change with facade, floor, view, and proximity to services or roads.
So do not ask only "What is the price per square meter?" but "What does this price include?" Start by calculating the total cost: unit price, maintenance deposit, management fees, finishing if not included, contract fees, and any extra payments. Then compare this cost with alternatives you can visit.
Reading price with location and developer
Price cannot be separated from location or from the implementing party. A location near an axis but hard to reach may not justify a large premium. A developer offering an attractive price but unclear about management, funding, or build ratio may carry higher risk.
The guide uses price as a first signal, then links it to three questions: Where exactly is the unit? What is the execution status? And who stands behind the project? If you compare New Obour with other areas, do not compare price per square meter alone. Compare travel time to your destination, service level, delivery date, and daily operating cost.
How to build your own comparison table
Put each offer in its own row, then record the cash price, installment price, total cost, maintenance deposit, delivery date, finishing status, and build ratio. Add your daily commute time and the service level around the location. When the numbers sit side by side, it becomes easier to see that a lower-priced offer may cost more because of financing, finishing, or distant services.
Do not delete offers that raise questions; make the question part of the table. If management fees are unclear, write "not announced." If the delivery date is not written, write "needs document." These empty cells are not a weakness in your comparison; they signal what must be completed before signing.
Price checklist before accepting any offer
- Ask for the cash price, the installment price, and the total cost under each plan.
- Record the date of the price offer, because the market can change between visits.
- Compare only similar units in area, finishing, and delivery date.
- Tie the price to the district phase and actual services, not to the city name alone.
- Review the developer page before judging whether the price is fair or high.
Annual growth figures mentioned in project briefs are used as dated historical data, not as a forecast or investment recommendation. Check the source and measurement date before relying on them.